NewsBaidu rolls out affordable, camera-based sensor system for autonomous drivingIt has ten cameras and can detect objects 700 feet away. 1 min read
Meanwhile, Huawei is selling its undersea cable business NewsHuawei says it will build undersea cable between Cambodia and Hong Kong1 min read
Alipay has 647 million monthly active users. NewsAlipay says it now hosts over 80% of China’s asset management companies1 min read
The company added 140,000 crayfish merchants to its platform last year. NewsMeituan sold 45,000 tons of crayfish in 20181 min read
It called for “time and patience.” NewsOfo can’t pay its debts, but says it is confident of a “comeback”1 min read
The global consortium of venture funds includes many from Asia, such as Gobi Partners and Golden Gate Ventures. NewsThe Billion Dollar Fund for Women secured USD 1 billion in pledges for women entrepreneurs1 min read
A novel idea in 2017, mini programs now account for the vast majority of traffic for some apps. NewsThe MAUs of WeChat, Alipay, and Baidu’s mini programs now add up to more than 1 billion2 mins read
CoHive claims to be the market leader in the country. NewsIndonesian co-working space operator CoHive raises USD 13.5 million Series B funding2 mins read
These services will cover the Greater Bay Area – a megalopolis consisting of 11 cities in the Pearl River Delta. NewsTencent-backed ride-hailing startup to start service this month1 min read
